BlackBerry enters mobile payments agreement with EnStream

Mobile communications firm BlackBerry has struck a three-year mobile payments agreement with EnStream to introduce a secure platform for transaction services between banks and consumers.

Mobile communications firm BlackBerry has struck a three-year mobile payments agreement with EnStream to introduce a secure platform for transaction services between banks and consumers.

A mobile payments joint venture owned by Canadian wireless carriers Bell, Rogers and TELUS, EnStream will employ BlackBerry’s infrastructure to enable financial institutions and mobile operators to provide sensitive payment card credentials to any smartphone powered with near field communication.

BlackBerry Global Enterprise Services president John Sims said the company has proven through its experience in enterprise mobility that it has the ideal infrastructure and security capabilities to protect users’ data when new capabilities such as mobile payments emerge.

"Together with EnStream and partners like them around the world, BlackBerry can better reach customers and provide a complete solution for banks with opportunities in the mobile payments space," added Sims.

BlackBerry’s move to introduce a mobile payments platform is on the back of the company’s plans to focus on mobile payments industry providing unique services to allow enterprise customers deploy secure mobile solutions.

Enstream COO Almis Ledas said: "EnStream, with BlackBerry, is already serving a number of banks and mobile operators, and is becoming a hub for payment credential delivery to smartphones in Canada. We expect most major Canadian banks and mobile operators to connect through this platform to meet consumer demand for efficient and safe digital transactions."

Given its requirements for security, the mobile payments space continues to be an area of focus for BlackBerry.

In addition, BlackBerry has recently launched a new service BBM Money in Indonesia, under which BBM customers can transfer funds and conduct other types of financial transactions.